Question
Facts and Assumptions: Lease Term in Months 24 Lease Down Payment $500.00 Monthly Lease Payments $300.00 Sales Tax Rate 8% Lease Buyout at End $15,000.00
Facts and Assumptions:
Lease Term in Months
24
Lease Down Payment
$500.00
Monthly Lease Payments
$300.00
Sales Tax Rate
8%
Lease Buyout at End
$15,000.00
Title Fee
$25.00
Car Loan Market Rate
7%
Outright Purchase Price Before Tax and Title
$19,500.00
What would it cost you tobuy the car today if you were paying cash?Round you answer to the nearest whole number.
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Fundamentals Of Human Resource Management
Authors: Raymond Noe
5th Edition
0471737933, 9780471737933
